the last three years have been president obama. don't forget, another one of the president's key campaign promises back in 2008, remember that? he said i will cut this deficit in half. $4 trillion he promised. talk about the bush tax cut expiring if biden is right and you increase taxes by $1 trillion how does that turn into jobs? >>guest: we will talk about what taxes they are talking about raising. they are talking about raising small business tacks from 35 to 41 or 42 percent. the capital gains tax is the capital we use to start businesses, that tax goes up from 15 percent to 24 percent. and you have estate taxes going up and dividend taxes going up. you have been in the financial market as long time, if you raise the taxes you know the impact it will have on investment, it will go down in the united states. by the way it is a great way to increase investment on out sourcing to china and india and germany and france. i find it to an job killer. do not have this giant tax increase but this is an example of the president putting f